Vidaio vs Targon

Targon (SN4) is 14.8× the size of Vidaio (SN85) by market capitalisation. Over the past 30 days, SN85 is ahead by 52.0 percentage points (SN85 +47.4% against SN4 -4.6%). Their daily returns move loosely together (correlation 0.60 across 24 shared trading days). Both have run at a similar volatility, around 126% annualised.

Correlation: 0.60
Size ratio: 1 : 14.8
Ahead over 30 days: SN85

VidaioSN85

$1.0390

24h: +0.50%
Market cap: $5.26M
Volume 24h: $502,668
Volatility (ann.): 119%

TargonSN4

$13.1600

24h: -0.14%
Market cap: $77.70M
Volume 24h: $915,513
Volatility (ann.): 134%

SN85 6.3%Share of the two combined market caps93.7% SN4

Performance

SN85SN4

7 days+14.77%-13.99%SN85
30 days+47.41%-4.59%SN85

Correlation

0.60over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	SN85	SN4
Max drawdown (400d)	-19.7%	-24.4%
Risk-adjusted return (90d)	0.40	0.17

Relative strength over 90 days: SN85 outperformed SN4 by 20.7% — measured on the SN85/SN4 ratio, so it holds regardless of market direction.

Vidaio →Targon →